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English 105
Search Results 0 to 49 of about 105 (some duplicates have been removed)
CSPAN
Dec 31, 2012 3:30pm EST
-called fiscal cliff are making progress. and we're not there yet, but they're making progress. and i'm really encouraged by that. i've heard over the last couple of days a familiar phrase invoked many times, and it is that "no deal is better than a bad deal." and i suppose it's often true that no deal is better than a bad deal, but in the case of the fiscal cliff, no deal is the worst deal because the government will go over the fiscal cliff and will take almost every american with us. almost every family that pays taxes now will pay higher taxes. people's jobs will immediately be put in jeopardy, unemployment compensation will end for more than 2 million people, our defenses will be decimated by cuts that will put us in a position of accepting really unacceptable risks to our security, title 1 programs of education for low-income children will be cut dramatically, most people, including the congressional budget office, our own congressional budget office, say that the combination of tax increases along with the decreased spending required under the budget control act will push our economy ba
FOX
Dec 28, 2012 10:00pm EST
>>> this is fox 5 news at 10:00. >>> tonight a last ditch effort to avoid fiscal cliff is underway. both parties calling for an agreement as the deadline nears. >> but tonight we are going to begin with a winter weather alert, another round of snow heading our way. thanks for joining us tonight. a winter weather advisory for the d.c. area will go into effect in just a few hours. fox 5's gary mcgrady has the latest tonight. >> thanks a lot. cold out there tonight is the first thing you'll notice. the snow is still hours away now. temperatures outside really dropping out in the suburbs, frederick right now 28, baltimore 32, here in town holding at 38 degrees, manassas is freezing, culpeper freezing, winchester freezing, martinsburg below. once this precipitation overspreads the area, i think it's going to start as all snow, here's what we're talking about. we're already beginning to see the faintest of returns back out to the west just about to cross over into at least parts of extreme western virginia. most of west virginia is covered up with some sort of precipitation now. distinct
CNN
Dec 28, 2012 2:00am PST
. "early start" begins right now. >>> crunch time for the fiscal cliff. the key players to meet at the white house with just four days left until the deadline. >> they called him stormin norman. america remembering general norman schwarzkopf. >> and have gun, will teach. hundreds of educators get a hands-on lesson in firearms. controversial proposal. good morning. welcome to "early start." 5:00 a.m. in the east. >>> it is the last friday of 2012. i've just had that pointed out to us. one final desperate attempt to dodge the fiscal cliff, just four days left before we go over the edge triggers tax hikes, spending cuts that could send the nation back into recession. the president calling for members of the congress the back. a gang of six attending. vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he
CNN
Dec 30, 2012 4:00am PST
is on the fiscal cliff. washington has less than 48 hours to make a deal before billions in tax increases and spending cuts take effect. senate negotiators stayed late into the night trying to work out a plan that would pass a vote. both houses of congress would convene later this afternoon in a rare sunday session. in his weekly address, the president took his message directly to the public calling for congress to come together to pass a deal. >> for the past couple months, i have been working with people in both parties with the help of business leaders and ordinary americans to come together around a plan to grow the economy and shrink our deficits. it's a balance plan. one that would protect the middle class, cut spending in a responsible way and ask the wealthiest americans to pay a little more. and i'll keep working with anybody who's serious about getting a comprehensive plan like this done because it's the right thing to do for our economic growth. but we're now at the point where in just a couple of days the law says that every american's tax rates are going up. every american's
CNBC
Dec 28, 2012 4:00am EST
today in what could be the last chance to come talk before the u.s. falls off the fiscal cliff next week. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll still be talking about the same thing we're talking about now. >> although i feel we'll be talking more debt ceiling, as well. >> and speaking of which, president obama is trying a last ditch effort to restart budget talks days before the u.s. goes over the fiscal cliff. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell s
ABC
Dec 27, 2012 4:00pm PST
on concerns about the fiscal cliff. but erasing earlier losses as news of the u.s. house will discuss the budget in a special talk sunday night. shares of oracle and cisco weighing down. tim cook is one of the companies taking a 99% pay cut this year that is not too bad. valued at $4 million but not getting stock awards last year. last year's check was $378 mill yichblt all the stock awards he got for the past decade.,ogzm that is a good number. >> yes. even for those in the media business, not so bad. we'll let you guys compare that to the calm we get in this business. >> that is what you call calm. >> he did a better year. >> thank you. >> well, sandhya patel in for spencer christian. >> more rain is coming. >> today's beautiful day. it's time to get umbrellas out.eç let me show you a live picture. i want to show you how gorgeous it looks. looking towards richmond bridge skpuk see wispy clouds out there. and really a beautiful day. here is what live doppler 7 is showing you. mostly sunny skies across the area here. we will be tracking more rain heading into your friday night. here
FOX News
Dec 28, 2012 3:00am PST
gretchen. last call in hopes of rescuing off of the fiscal cliff. all that is getting debated is who is at fault and what is the president's plan. according to the white house there is no new proposal. >> and is russia vladimir putin playing with children's lives . what he just did. >>> and the newspapers that published the names of licensed gun owners. fox and friends starts right now. ♪ >> julia: hello, everybody. >> three days left. three days left before we go head first over the fiscal cliff. >> julia: before we talk about the fiscal cliff. you did cavuto. you did o'rielly or i mean not o'rielly. the five. today you have this show and then cavuto and then on the five. >> you will be on the five. >> julia: and then other things. >> it is one of those days. iclele ladies and gentlemen, eric bowling -- boling is the mara thon man. >> it is good to be here. >> julia: yes, it is good to be here. >> kelly: thank you for joining us this morning. >> julia: the headlines and fox news alert it appears russian president vladimir putin is trying to make a political point at the expense of
FOX News
Dec 27, 2012 3:00pm PST
kelway in for bret baier. four days until we head to the fiscal cliff. now it looks like childhood i go, you go games with neither side showing a willing nose go first. mike emanuel on where he head now. >> reporter: pessimistic tone for heading for the fiscal cliff in days. president obama and senators cut the christmas vacation short. the leader is happy to review what the president has in mind but to date they have not put forward a plan. late today, mcconnell expressed frustration. >> this is a conversation we should have had months ago. republicans aren't about to write a blank check or anything that senate democrats put forward just because we find ourselves at the essential. >> asked if he was going over the cliff, biden joked cliff? what cliff? this has been operated with a dictatorship of the speaker. not allowing the vast majority of the representatives to get what they want. they want them to return in case a deal is in the final hours. today, the u.s. is heading over the cliff. >> what goes away next week is the bush tax cut that they loathed since they went in place a secon decade ago. d
CNN
Dec 29, 2012 5:00am PST
with negotiations going on this weekend to try and keep going off the fiscal cliff. the deadline is now just three days away. president obama is modestly optimistic. our chief white house correspondent jessica yellin has more on what needs to happen in order to make a deal. >> reporter: alison, christi, hi. the good news is things could have been worse. it doesn't seem to those of us watching from the sidelines as though time is running out, but congress does some of its best or at least its speediest work when the nation's back is against the wall. after a rare oval office meeting with top congressional leaders, the president said he's modestly optimistic a deal can come together. emphasis on "modestly." >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. >> reporter: both sides left an agreement, at least over their next step. >> we'll be, would go hard to try to see if we can get there in the next 24 hours. >> whatever we come up with is going to be imperfect. some people aren't going to like it. some will like it less,
FOX News
Dec 28, 2012 10:00am PST
that he thinks this will fiscal cliff matter comes down as one white house meeting two hours from now. another top senate republican said a short time ago that he was calling on president obama to lead. >> the president is not a senator anymore. he's a president. just as president reagan worked to deal with tip o'neill and bill clinton and president eisenhower, we need leadership on not just taxing rich people, but we contact them and it wouldn't help the medicare fiscal cliff. greg: others are skeptical, noting that high-profile meetings are for show often times and all about tactics. we expect the president will try a stopgap measure extending middle-class tax rates, extending unemployment benefits for some 2 million americans, do some small spending cuts now, but not entitlement reform. an ally of the white house and the house of representatives offered this. >> this is not for show. it is a last-ditch effort by the president to bring the congressional leaders together to try and get at least a small package. a small deal together before the new year. in order to avoid some of the
FOX News
Dec 28, 2012 8:00am PST
faulkner. with just days to go until the fiscal cliff deadline president obama and top congressional leaders are set for a crucial meeting. expectations are low for a deal when house and senate leaders head to the white house this afternoon to meet there with president obama. lawmakers are increasingly looking at the period following the december 31st deadline we're told to come up with a fix to avoid massive tax hikes and spending cuts, affect lives of nearly every american many economists say could plunge the economy into another recession. chief white house correspondent ed henry live with the latest. so in this meeting, ed, is there any hope they will accomplish anything? >> reporter: well it is pretty low expectations, jon. what we're expecting when you talk to top officials of both parties the president will offer a scaled back plan, something he laid out lines friday before christmas here in the white house briefing room before he went to hawaii. where he said look, we have to scale back expectations. basically just extend middle class tax cuts. don't worry about the rates for
CNBC
Dec 26, 2012 5:00am EST
for you. >>> the u.s. is set to go over the fiscal cliff in five days. that means taxes will go up for nearly every american. dramatic spending cuts will kick in. president obama and congress will be back from vacation tomorrow. but will anything get done? >>> plus, wild winter weather sweeping through the country. we'll bring you the latest details on which part of the u.s. could be hit next. cnbc's "worldwide exchange" starts now. >>> and welcome to a special edition of reside worldwide. ross andcle reoff today for boxes day in -- kelly are off today for boxing day. for now, you is us. >> we'll start with a brief check on the markets. energy and metals are trading higher now, wtis up about 55 cents. brent crude up 65 cents. also want to check in on the gold price, as well. gold right now down about slightly under the flat line there, 1,-658. well below the 1,700 mark. the cme globex has been closed for christmas. it's going to reopen at 6:00 a.m. eastern time. that goes for treasuries and the foreign exchange market, as well. >> as for action in the overseas markets, the u.k. is
NBC
Dec 28, 2012 5:00am EST
to keep the country from going over the so-called fiscal cliff. president obama will meet with congressional leaders this afternoon with just four days left to reach an agreement. with time running out, it appears a deal at this point would likely include an extension of tax cuts for the middle class and a cancellation of spending cuts. an aide to senate minority leader mitch mcconnell says the republican senator is eager, quote-unquote, to hear from the president. >>> house lawmakers are heading back to washington ahead of a deal. john boehner called the house back into session for a rare sunday evening session. boehner says it's up to the senate to act. he says the house has done its part to -- it would extend existing tax cuts for all americans. >>> federal workers are told to take steps to prepare for possible furloughs if spending cuts that would be part of the fiscal cliff take effect. the office of personnel management issued new guidelines which state that employees will be given at least 60 days' notice before any furloughs of more than 22 days. they'll receive 30
FOX News
Dec 29, 2012 3:00pm PST
own budget battle right now, the fiscal cliff. and the fact that the president wanted to tax the wealthy at a higher rate than what the middle class would get. there is something we might be able to learn from what's going on in france right now? >> i think the thing to learn at the moment that they've been trying in france is probably second nature to an american. what they're trying to learn in france is that it's not bad news to be an entrepreneur. if you have this entrepreneur spirit, you can do it. but you do have to put things in slowly and to reach out and i think that's where the president of france has lost a lot of ground. he didn't get a lot of people on his side, even though he said that this tax hike would only be for a very small proportion of the population and would only be for two years. but because it was seen to have been rushed through, not properly spelled out, it was difficult. >> kelly: one final question, if i may, what kind of deficit reduction would this tax be able to provide for the people of france, if you incur 75% tax because you just happen to
FOX
Dec 28, 2012 5:00pm EST
since november, but it's unclear if it brought the country closer to avoiding the fiscal cliff. >> when the president calls congressional leaders to the white house, it's all political theatre or they have a deal. not that it's all political theatre. >> this is not for show but a last-ditch effort by the president to bring congressional leader together to try to get a small package at least, a small deal together before the new year. >> reporter: the president called the meeting as lawmakers pointed fingers in this high- stakes game of chicken. >> the republicans who are holding hostage the middle class in america society wealthy don't have to pay their fair share. >> we need two words: presidential leadership on not just taxing rich people. we could do that and it would not help the medicare fiscal cliff. >> reporter: with time running out, hopes have diminished with talk of a smaller deal extending bush tax rates for the middle school and unemployment benefits. it puts off major spending cuts and reforms to entitlements like healthcare. >> we're going to end up with a small, kick-the-
CNN
Dec 30, 2012 5:00am PST
to avoid the fiscal cliff. both houses of congress are meeting in a rather sunday session. the senate convenes aat 1:00 eastern and the house at 2:00. our chief white house correspondent jessica yellen with the look at the chances for a deal and what's on the table. >> here in washington there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday the president was at work here in the white house, but all eyes were on the senate where negotiators were trading deal points and revenue figures to try to reach an agreement all sides can stomach. the baseline for the president, any bipartisan bill has to extend unemployment insurance that would affect some 2 million americans, and increase taxes for the highest income earners. negotiators can still work out exactly where that tax increase would hit and whether they would halt an increase in the estate tax. in case those discussions break down, the president has asked democratic leader harry reid to prepare a separate bill to put on the floor of the senate that would raise taxes on households that earn $250,000 or mo
CSPAN
Dec 31, 2012 7:00am EST
of joe manchin as congress prepares to meet again today with the fiscal cliff looming. good morning. the deadline is here and the countdown is down two hours instead of days. the first time since 1970, congress is meeting between the christmas and new year's holiday. preparations are underway as lawmakers -- if lawmakers fail to act. we are 17 hours until the deadline. midnight is the deadline east coast time. here are the numbers. host: also, send us an e-mail and jonas on facebook, -- join us on facebook or you can send us a tweet. let's take a scan of the headlines and we begin with "the atlanta journal-constitution." a lot of talking but still no votes. the deadline has come and gone. one last day for a fiscal deal is the headline from "the boston globe." we are also keeping an eye on wall street. the markets are queasy. from the headlines "the wall street journal." host: a lot of activity on the house and senate chamber. we will be falling all of that on the c-span networks. we have the deputy white house editor from politico. tell us where we stand. guest: we stand in limbo,
CNN
Dec 29, 2012 1:00am PST
employment, your paycheck, all of it is at stake if the country goes over the fiscal cliff. it's a cliff that the lawmakers built. they've set the tuesday deadline, they've known it was coming for more it and a year. but until now they've done little to agree on tax increases on tax cuts until that time. people in this building have none what's coming on tuesday yet they're only returning to get back to work just now. senate came back yesterday. house members, well, they won't be back until sunday. this afternoon house on senate leaders met with president obama at the white house. they talked for about an hour. afterwards president obama said he was modestly optimistic. bypassing house speaker john boehner, who has had trouble getting his fellow republicans to agree to anything, the president called on senate majority on minority leads are harry reid on mitch mcconnell to work out a deal on then present it to the house. he also laid out a scaled down mini deal if they are can't manage it. >> if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the
FOX Business
Dec 28, 2012 9:20am EST
unfortunately. stuart: and as if falling off the fiscal cliff isn't enough to push us off another recession, it could of course. tomorrow at midnight a longshoremen's strike could shut down ports at east coast and the gulf. and the strike could disrupt about, we figure, 2 million tons of imported cargo per day and of course, it would cost the economy billions. it could have major implications on nearly all levels of the u.s. economy, could push america into recession, that's a big could. and president obama, lawmakers meet 3 p.m. on the fiscal cliff at the white house today. markets are going to be watching that real close, but of course, the markets close about an hour after the meeting starts. so, that meeting probably won't have much impact on the markets themselves unless there are leaks about what might happen. until then, any developments out of d.c. i'v i have are going to drive this market. we're calling it sound bite trading. we're covering it. the opening bell is next. want to know what i did in the last five hours? i played a round of golf. then i read a book while teaching mysel
LINKTV
Dec 30, 2012 4:00pm PST
off the so-called fiscal cliff. the budget crisis, some kay -- say could tip the u.s. into recession dragging the rest of the world with it. >> over the next 48 hours, regardless of partisan differences our top priority has to be that taxes on middle class families do not go up. that would hurt our economy badly. we can get that done. democrats and republicans both say they don't want taxes to go up on middle class families. that's something we all agree on. if we can get that done, that takes a big bite out of the fiscal cliff. it avoids the worst outcomes. >> in the upper house, the senate, sunday the leadership of both parties is putting together a watered-down deal to assure that taxed on americans making less than $200,000 per year don't go up. the president expressed both sides will have to accept compromise. >> there is a basic fairness at stake in this whole thing that the american people understand and they listened to an entire year's debate about it. they made a clear decision about the approach they prefer, which say balanced, responsible package. they rejected the notion
FOX News
Dec 30, 2012 8:00am PST
day, as have lders on the hill about the tax side of the so-called fiscal cliff, massive tax increases, bush tax rates expiring at the end of the year. but a lot of people, not fireworkussing on the sequester, the massive spending cut, that would largely target the pentagon. interesting on fox news sunday, republican lindy graham said he got a phone call from the defense secretary, saying even if there is a deal on tax, it is likely they won't have a deal on the spending cuts. so our national defense will take a hit. take a listen. >> not going to happen -- >> i talked to leon panetta last night, 7:30, during dinner -- >> secretary of defense? >> he said, lindsay, i have been told nothing of sequestration will go into effect, and that is the debt ceiling increase, half of the $1.2 falls on defense. we have cut $89 billion. he said, it would be shooting the defense department in the head and we will have to send out 800,000 layoff notices the beginning of the year. he is worried to death if we don't fix sequestration, we will destroy the finest military in the worlds when we need it mos
CNN
Dec 26, 2012 1:00pm PST
the fiscal cliff? >>> a dangerous winter storm roaring across the eastern half of the u.s. bringing blizzard conditions and travel nightmares. plus, the nra's controversial proposal to put armed volunteers in every school, we'll go in-depth with the man in charge of the national school shield program. i'm joe johns. you're in "the situation room." the u.s. is now just six days away from the so-called fiscal cliff. and a mad scramble is on here in washington to avoid the drastic tax hikes and spending cuts that many fear will plunge the economy back into recession. president obama flies back from hawaii tonight to be ready if the senate comes back with a plan when it returns to work tomorrow. and house leaders are huddling with members on stand-by to return. senior congressional correspondent dana bash is following all of it for us. what are you hearing? >> there was a conference call of course members of the house leadership even, they're back in their districts, but there was a conference call today among those house republican leaders trying to figure out if and when the house should come
FOX News
Dec 28, 2012 7:00pm PST
to monitor here on the fox news channel america on the brink. the latest on the fiscal cliff. let not your heart be troubled. that is all the time we have left but greta is standing by to go on the record. we'll see you back here monday captioned by closed captioning services, inc. >> greta: this s a fox news alert. 74 hours to go before president obama, the senate and the house shove america off the fiscal cliff. let's go to capitol hill fox news chief congressional correspondent mike emanuel live with the latest. >> we are heading into a critical weekend as a final push is made to keep the u.s. economy from going off the fiscal cliff. after a late afternoon meeting with the top four congressional leaders at the white house, president obama offered this assessment. >>> i'm modestly optimistic -- nobody is going to get 100% of what they want. but let's make sure that middle class families and the american economy and in fact the world economy aren't adversely impacted because people can't do their jobs. >> sources say house speaker are john boehner deferred to senate colleagues and told th
FOX
Dec 29, 2012 11:00pm EST
to midnight, we're counting down to the so-called fiscal cliff. if congress does nothing, taxes go up on everyone. mike emmanuel has more. >> reporter: lawmake -- lawmakers return to capitol hill in a last-minute attempt going over the fiscal cliff. congressional leaders are looking to avoid tax hikes on most americans but key disagreements on eptitlesments and tax rate thresh finds remain. president obama's original plan called for increasing taxes on families earning more than $250,000 now $400,000 could be a number on the negotiating table. >> the $400,000 level seems to me to be with about right. that represents about the top 1% of income earners in the country and is they got knee% of the growth and there is some flexibility there. >> reporter: the republicans say the u.s. is not facing's revenue problem. >> i feel like i'm a lifeguard and we have to save as many people from drowning and higher taxes as we can. >> reporter: in the weekly address to the nation, president obama urged congress to do something. >> we can't afford a politically self-inflicted wound to our economy. >>
ABC
Dec 28, 2012 5:30pm EST
falls where on the map. it's coming up. >>> all right. now to the looming fiscal cliff and the last-ditch effort to stop the nation from going over. >> the president is meeting with congressional leaders just about an hour ago. any last-minute deal will likely have to wait until the senate returns. >> reporter: president obama summoned congressional leaders to the white house today hoping for a deal to avoid the fiscal cliff. the power brokers have four days before the government starts slashing military and domestic spending. president obama is pushing for a stop gap measure that with avoid faxes on people earning less than $25,000. on capitol hill frustration is growing. both republicans and democrats sound look they have given up. outside the capitol democrats hauled out a times square ball prop with the emergency, don't drop the ball. >> the republicans refuse to ask those with the most in our society to give a little bit more. >> reporter: a simple stop gap measure is not what many in washington had hoped for. republicans blame president obama for the collapse of a bigger deal
FOX Business
Dec 27, 2012 1:00pm EST
, consumer confidence falls over fiscal cliff uncertainty and warning the government is set to hit the legal borrowing limit by a monday. we have bill rodgers from rutgers university professor who is the perfect guest. >> happy holidays. lori: starting with consumer confidence if you look at the psychological impact of the fiscal clift debacle. >> prior to the holidays with a conversation was around wall street and the impasse with the fiscal cliff and today confidence index fell a full six points and fully driven by households and main street being concerned about taxes, unemployment insurance benefits so jobs are not being created so this provides the imperative at a higher level for congress. lori: if you hear the cbo says if we do go over the cliff then gdp will drop half a percentage point*? could it be worse we already see the impact of fiscal cliff concerns? >> yes. i respect the cbo numbers and the director that they say this is an estimate. i don't think we go back into a recession, but when i talk about this, seven and $87 billion went into the economy to rescue it from the recessi
FOX News
Dec 28, 2012 1:00am PST
. >> you bet. >> that's all the time we have left for the special fiscal cliff edition of hannity. thanks for being with us. let not your heart be troubled because the news continues and greta is standing by to go live on the record. greta, take it away.illy. the factor. captioned by closed captioning services, inc. >> the o'reilly factor is on. tonight. >> this is something within our capacity to solve. call me a hopeless optimist but i still think we can get it done. >> as the nation comes closer to the edge the chances of a fiscal cliff deal begin to doom. what will it mean for you? >> the administration essentially enacting legislation on its own through you regulation. a lot of them i think are illegal and unconstitutional. >> barack obama ramping up plans for a second term despite harsh criticism from opponents. what can we expect in the next four years? >> from the moment we met ben outside of st. peter's, russia, we fell in love. >> and tensions escalate between the u.s. and russia after putin tells americans he won't let them adopt russian children. could this be the start of a n
CNN
Dec 28, 2012 5:00pm PST
of the late breaking developments on the fiscal cliff negotiations which are coming down to the wire. it's a working weekend in washington. have a great weekend and a happy new year. "anderson cooper 360" starts right now. >>> john, thanks. we begin tonight with breaking news about your paycheck, your unemployment check, your defense job, the entire economy, you name it. all of it is at stake if the country goes over the fiscal cliff. it's a cliff that lawmakers built. they set the tuesday deadline, they knew it was coming for more than a year. but even now, they have done little to agree to a package before that time. keeping them honest, the people in this building have known what's coming on tuesday, yet they're only returning to this building to get back to work just now. senators came back yesterday. house members, well, they woet be back until sunday. this afternoon, house and senate leaders met with president obama at the white house. they talked for about an hour. afterwards, president obama said he was modestly optimistic. bypassing house speaker john boehner who had trouble get
ABC
Dec 28, 2012 5:00pm EST
deal that addresses only the major parts of the fiscal cliff from taking effect. >> we have got to get on a larger agreement, to make sure we sustained a very fragile economy, tried to get it to move faster, and deal with the long- term deficit. >> those decisions may not happen until 2013. a smaller deal would be temporary, sending congress back to work on the details next year. >> i am not ok with them waiting six months or year kick to get things done. >> jake sherman of "politico" predicts that we will go over the cliff. >> we will not see the government shut down our people not be able to pull money out of banks are things like that. >> still a tough sell for constituency growing tired of the political back-and-forth. >> let's get some things set in place and up and running. >> 1 line of thinking on the hill -- there are many -- if we do go over the cliff that would reset all of the tax issues suchissues. what we do know, the clock is ticking and the waiting game continues, with the house not even scheduled to be in session until sunday afternoon. live of the capitol, steve chenev
CNN
Dec 30, 2012 3:00am PST
want to tell congress about the fiscal cliff? we'll have your video messages. >>> the woman accused of pushing a man in front of a subway is now being charged with a hate crime. now she's saying why she did it. >>> wow, a plane crash caught on tape, the story. hind this dash cam video of an exact moment a jet slammed into an overpass. >>> it's sunday, december 30th, good morning, i'm allisison kos. randi kaye is off today. we're going to start this morning in washington where all eyes on capitol hill as lawmakers try to work out on a deal to avoid the fiscal cliff. the deadline is less than 48 hours away and as to whether they can get it done, the president says he's hopeful. >> i'm modestly ll lly optimis an agreement can be achieved. let's make sure that middle class families and the world economy aren't adversely impacted because people can't do their jobs. >> both houses of congress are meeting in a rare sunday session. the house an hour later at 2:00. our chief white house correspondent jessica yellin now with the look at a chance for a deal and what's on the table. >> alison,
FOX News
Dec 29, 2012 1:00pm PST
on that? >> as mike reported president obama is looking to break the fiscal cliff negotiations by giving an ultimatum to republicans either compromise on the budge deal or risk facing an up or down vote in the senate on a basic proposal that would include many elements that were previously rejected by the g.o.p. how well the next couple of display out and will the president's tactics work? joining us is jamie weinstein. what do you think of that? >> i don't know if his threats are going to work very much because even his proposal has to have the acquiescence of all senators. the fact of the matter is senators know whether they do something or not the next day after the fiscal cliff there is going to be a bill in congress to lower tax rates after all the tax rates expire below $250,000. maybe at this point it looks like the big win that the republicans might get, if you want to call it that, is extending that slightly upwards to $400,000 or $500,000. this is bare bones deal. we're not solving our fiscal approximate and not discussing it. this is going to be fought another day, perhaps in
FOX News
Dec 30, 2012 10:00pm PST
went over the fiscal cliff wall of the ta rates went up on every single american, we would still have a deficit twice as large as the largest bush deficit. we are spending a trillion more a year than we were five years ago. we have to resolve dhou we continue to spend this money. we can wrap around how we get this spending down no amount of taxation is going to solve the problem. >> why is it there's a reluctance to identify where the spending cuts should go? no one wants to talk about the sacred entitlements but at some point we have to. if we are spending a trillion dollars a year and if the revenues are offset by the spending recommended by the president our grandchildren will be held hostage. >> get everybody back to work. we did not pay for the cost of the war. president bush should have done that. both were declared during his administration. that cost is enormous. huge pay out to health insurance unemployment compensation and so forth because the wholly con me went to pot. of course spending would go up. having responsible legislation is so important. it starts if the congress
CNN
Dec 28, 2012 6:00am PST
>>> happening now in the newsroom just four days until we go over the so-called fiscal cliff. why that deadline could hit unemployed americans hard. >>> training teachers to defend themselves and their students. hundreds of educators attend a free gun class in utah. it's the latest response to the newtown school massacre that's attracting a lot of attention this morning. >>> thousands of dockworkers could put the u.s. economy at risk if they go on strike on sunday. we'll take you inside the crisis some are calling the container cliff. >>> and sea world taking its water act all the way to wall street. why investors could soon own a peace of shamu. "newsroom" starts right now. good morning. i'm victor blackwell. carol has the morning off. with the nation still reeling from the shooting massacre in newtown, connecticut, and engaged in a national debate on gun control, chicago suffered a grim milestone last night, a man was killed in a shooting on chicago's dangerous west side. this scene marks chicago's 500th homicide this year alone. that's up more than 50 from last year. now when w
KICU
Dec 26, 2012 11:30pm PST
's a lot of apprehension about the future of our economy because of the fiscal cliff. and three, people are very good about waiting for those bargains. >> reporter: some are still waiting tonight. they're on the look out for the best after christmas sales. >>> those lackluster holiday sales and jitters over the fiscal cliff brought stocks down today. the dow dropped 24 points. >>> the fiscal cliff is weighing on the minds of consumers. coming up in 16 minutes, why political insiders believe washington will allow the country to go over the cliff before making a deal. >>> san francisco police are asking the public to take a closer look at three shoplifting suspects. investigators say on december 20. three women went into two stores near san francisco. the women put goods in their own bags and walked out of the stores, and apparently handed off the goods. >> we believe these women may have been involved in other burglary thefts of retail stores throughout the bay area. >> police arrested sharony powers on suspicion of shoplifting. >>> alameda police are investigating a stabbing during a ch
CBS
Dec 28, 2012 6:00am PST
: the "fiscal cliff" is still a few days away. but business owners don carlino says he is already feeling the impact. >> a lot of our customers are holding back. they are apprehensive. they are not committing to projects. they're not --you know, they are waiting to see what's going to happen with the "fiscal cliff." >> reporter: and hope is fading that congress can get a deal done before tax hikes and spending cuts kick in january 1. >> i am not optimistic. >> reporter: even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a "fiscal cliff" summit. >> here we are five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chambers of congress. >> i don't know time-wise how it can happen now. >> reporter: under senate rules the only
FOX News
Dec 27, 2012 5:00pm PST
closer to the edge the chances of a fiscal cliff deal begin to doom. what will it mean for you? >> the administration essentially enacting legislation on its own through you regulation. a lot of them i think are illegal and unconstitutional. >> barack obama ramping up plans for a second term despite harsh criticism from opponents. what can we expect in the next four years? >> from the moment we met ben outside of st. peter's, russia, we fell in love. >> and tensions escalate between the u.s. and russia after putin tells americans he won't let them adopt russian children. could this be the start of a new cold war? caution, you are about to enter the no spin zone and "the factor" begins right now. ♪ >> laura: thanks for watching us tonight. late yesterday, supreme court justice sonia sotomayor denied an appeal to temporarily delay the obama care contraception mandate. it requires workers health benefit plans to cover the morning after pill and other emergency contraceptions. in september is, hobby lobby a chain of more than 500 arts and crafts stores and its sister company of c
FOX
Dec 29, 2012 7:00am PST
on the fiscal cliff. senate leaders are working on a last ditch agreement. they hope to vote as soon as tomorrow. both houses will reconvene tomorrow. some republicans suggest racing taxes for those earning at least a million, the president and democrats want increases on making more than $250,000 a year. >> we can't afford a politiclyself inflicted wound to the economy. the economy is growing but keeping that way means the folks you sent to washington have to do their jobs. >> the president said congress must meet the new year's deadline and pass a balanced plan. >> the president's proposal to raise taxes on the top 2% won't even pay one third of the interest that's owed on this 16 trillon dollar debt. >> ouri senator gave the gop address saying the president's tax hike would only fund the government for eight days. >> here is what could happen if no deal is reached. out of work americans will loose their extended benefits, california would be hit the hardest, 400,000 will loose benefits and the bay area will certainly feel the sting, more than 22,000 people in alameda and contra costa coul
FOX News
Dec 31, 2012 3:00am PST
you offered over one trillion and agreement with congress and avert the fiscal cliff. you are silent on the specifics. wrestling with the national's crisis help us to have a concrete plan and legislative language with you. >> it was interesting, very wide raging . there were not opportunities and he didn't get specifics when he talked about all of the things he's offered. at one point i offered so many changes and entitlements? i askscatched my head and wondered what changes and entitlements. he said the democrats arangry at me. i said what are the specifics. that was a interesting level. >> dave: he put in the corner and said only thing they care about is creating tax cuts for the wettley. demonize the opponent while you sate sit down. that works out it infuriate your opponent. the president's main goal is to raise taxings. put out legislation and put out a bill and vote on it >> the senate reconvenes at 11:00 today. we could hear from mitch mcconnel and harry reid. because no deal to avoid a fiscal cliff there is major uncertainty . investors are embracing for trading. dow plunge w
FOX News
Dec 27, 2012 12:00am PST
a deal on the fiscal cliff. however, chief white house correspondent ed henry tells us that washington may have to set with a backup plan to the backup plan. >> christmas tradition for president obama. he and first lady michelle obama saying thanks at the marine corps base hawaii. >> so many of you make sacrifices day in and day out on behalf of the freedom and behalf of the security. >> now the president is giving up some vacation time rushing back to washington aboard air force one late tonight to deal with the looming fiscal cliff. after that red eye, the president will no doubt need coffee. starbucks decided to get political in the washington, d.c., shops, by having employees write come together on cups. ceo howard schultz writing in open letter, "my hope is the simple message will serve as holiday reminder from starbuck of the spirit that bridgeed differences and we have the power to come together and make a difference in every season of the year." the president and speaker john boehner have not spoken in nearly a week. when the house republicans convene conference call today, all
NBC
Dec 28, 2012 6:00am EST
this morning. new hope for a deal to avoid going off the fiscal cliff. if president obama will meet with congressional leaders later today. danielle leigh is in washington with more on the rush for a deal. >> president obama and congressional leaders need to make progress, and today's last met afternoon meeting at the white house could be a final opportunity. >> mcconnell seemed to give an indication that maybe, just maybe, the president might make a new offer giving -- getting toward the 11th-hour. >> off without a deal that cuts of the debt, taxes will go up on every worker next week. the extension to of unemployment benefits expires and deep spending cuts set in, threatening another recession. >> it really upsets me because the government is a blow to be working for the people and i don't see that. >> despite what is at stake, senators came back early only to engage in another round of bickering. >> republicans have bent over backwards. we stepped way, way out of our comfort zone. >> we wanted an agreement. but we had no takers. >> we are in the same situation we have been in for
FOX
Dec 28, 2012 10:00pm PST
the fiscal cliff but what about the dairy cliff. how washington gridlock could drive up the price of milk. >> protecting you from drunk drivers. >> but we need to do more to save lives. >> the device one lawmakers wants to use to stop repeat offenders and why critics say it is impractical. >> and chief meteorologist bill martin will be back with your weekend and holiday forecast. >>> federal tax cuts aren't all that's expiring on january 1st so is the farm bill. that means that milk prices could double. debora villalon is live to explain. >> reporter: this sunday sets you back $6, $12 probably too rich. this family with a sweet tooth is sour on the idea of higher milk prices. >> we go to about 2-gallons of milk a week. >> reporter: but if lawmakers don't extend the tax bill it reverts to 1949 law when the government not the market controlled prices and the dairy industry wasn't nearly as efficient as today. under those antiquated formulas a gallon of milk now under $4 most places could rise to $6 even $8 retail. >> you think about the fiscal cliff and they talk about, okay we're going to
CNN
Dec 29, 2012 7:00am PST
the fiscal cliff. what will lawmaker do to save you from more taxes and fewer benefits? >>> the littlest pawns in a political fight. we'll talk to one woman whose hopes for adopting a russian son may have just been shattered. >>> and they're back. kathy griffin and anderson cooper ringing in new year's eve. but why was kathy's make itted on "a.c.'s" -- naked on "a.c.'s" couch? we'll explain. >>> good morning, it's 10:00 on the east coast, 7:00 on the west coast. i'm alison kosik. randi kaye is off today. we're just three days away from possibly crossing over the fiscal cliff. for the first time in weeks, there's some hope coming from washington. senate leaders are negotiating a deal they hope can go to a vote, go to a vote soon. cnn radio capitol hill correspondent lisa desjardins is in washington. you were on thrill yesterday for the political action between president obama, between congressional leaders. they sound more optimistic, at least president obama does. do you think we're any closer to a deal at this point? >> i think there's no doubt that we are closer to a deal, but how much
CNN
Dec 24, 2012 6:00am PST
on the fiscal cliff deadline on december 31st. retiring senator joe lieberman puts the potential failure in historic perspective. >> i feel it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal, consequential act of congressional irresponsibility in a long time, maybe ever in american history. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all this additional tax revenue for new programs. he gets to cut the military, which democrats have been calling for for years, and he gets to blame republicans for it. >> so, hey, merry christmas. our white house correspondent brianna keilar is traveling with the president in honolulu. brianna, are the white house and republicans even talking? >> reporter: no. they're not, carol. there's no substantive discussions going on between the white house and senate democrats and senate republicans and house republicans. and this is key because in order for the cliff
ABC
Dec 27, 2012 5:00pm EST
off the fiscal cliff next week. we bring you up to speed on the gridlock down in dc. >> reporter: it may already be to late. five-days before the fiscal cliff and with the house out of town until sunday, the senate majority lead admitted a deal seems unlikely. >> i have to be honest. i don't know time wise how it can happen now. >> reporter: and an attack he point blame on the house speaker for letting members stay home with no deal in sight. > we are here in washington working while the members of the house of representatives are out watching movies, watching the kids play soccer and basketball. he seems to care more about keeping his speaker ship than keeping the nation on firm financial footing. >> reporter: the speaker's office responded, the senator should talk less and legislate more. the house has already passed legislation to avoid the entire fiscal cliff. democrats have not. the president returned to washington today for a last minute push before leaving vacation in hawaii he had separate phone talks with congressional leaders but it's not clear that those talks help
FOX News
Dec 26, 2012 4:00pm PST
issues is critical. the edge of the so-called fiscal cliff is really in view now. the home county of house speaker john boehner butler county, ohio, currently under a blizzard warning. house republican leaders holding a conference call earlier today on the fiscal cliff, but so far they have not yet called on lawmakers to return to capitol hill. but they have said they will give a 48 hour warning if they plan to do that the white house saying the president is cutting his holiday vacation in hawaii short to return to d.c. to work on a deal to try to stop those automatic tax hikes and deep spending cuts from kicking in on january 1st. and if they don't reach a deal before then, many economists say we will dip back into a recession. i had henly house republican leaders didn't have a lot of new information for their lawmakers. they would have 48 hour notice if they are needed to pray back to washington from various districts around the country. that tells us they are being noncommittal at this point because they frankly do not know whether or not there will be a deal to avert the fisca
CNN
Dec 27, 2012 9:00am PST
to tackle the so-called fiscal cliff. he landed about 30 minutes ago. you see him getting off of the air force one. the president shut his vacation short do deal with this economic crisis. according to a tweet from a white house spokesman, the president spoke with all four congressional leaders before leaving hawaii for washington, and the senate is reconvening today. now the automatic spending cuts and the tax increases that make up the fiscal cliff, they're set to take effect in just five days. much more on the fiscal cliff crisis, the effort to reach some kind of agreement later this hour. we're going go live to capitol hill for the latest as the senate returns to work. that is coming up in about 20 minutes. >>> and president obama's going to have another cabinet position to fill for the new year. we learned a short time ago apa lisa jackson is stepping down after the president's state of the union speech in january. jackson starting with the agency as a staff level scientist back in 1987. during her tenure as administrator she tackled pollution problems in poor community communities.
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